Ocean Power Technologies, Inc. (OPTT): Results of Operations and Financial Condition

Ocean Power Technologies, Inc. (OPTT) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-10.1 2 ex10-1.htm EX-10.1 Exhibit 10.1 ASSET PURCHASE AGREEMENT by and between OCEAN POWER TECHNOLOGIES, INC., as Buyer, and COLUMBIA POWER TECHNOLOGIES, INC., as Seller Dated: July 22, 2026 TABLE OF CONTENTS Page Article I Purchase and Sale 1 1.1 Closing 1 1.2 Sale and Purcha

Ocean Power Technologies said it has signed securities purchase agreements for a registered direct offering of 25 million shares of common stock at $0.40 per share, with warrants to buy up to 25 million additional shares. Gross proceeds are expected at about $10 million before fees. Warrants exercise at $0.40, exercisable after six months and expiring six years later. The company expects closing by June 8, using net proceeds for working capital and general corporate purposes.

US stocks rose Monday as President Trump said US-Iran peace talks are advancing, lifting sentiment. The Nasdaq gained 0.4% to 27,086, the S&P 500 rose 0.3% to 7,599, and the Dow added 0.1% to 51,078, all at record closes. Oil initially jumped on Iran’s reported withdrawal from talks.

NAPCO SECURITY TECHNOLOGIES, INC (NSSC) filed an SEC Form 8-K — Results of Operations and Financial Condition.

Xpeng forecasted Q3 revenue of 21.7-23.4 billion yuan, below analysts' estimate of 26.61 billion yuan. Shares fell 3.1% premarket, extending 2023 losses. Q2 deliveries met forecasts, but net loss was higher than expected. Competition and recalls impact outlook.

MTN Group reported H1 2026 service revenue of $7.18bn, up 17.5%. EBITDA rose 24% to $3.50bn. The company announced a $374.5m share buyback and expects to complete its IHS Holdings acquisition. Fintech business grew, with transactions up 33% to $330bn. MTN serves 317.7m customers across 19 markets.